US: My Vintage Baby boosts Q1 profit
- Net loss narrows 76.1% to $91,332
- Sales increase 15% to $418,136
- Outlook for 2010 includes 68% revenue growth
US children's wear brand My Vintage Baby has boosted sales during the first quarter, after expanding its US and Canadian sales team and launching a Direct Sales Representative (DSR) model.
"Our new business model has provided us not only higher revenues and improved margins, but also better visibility into our pipeline of revenue opportunities,” said My Vintage Baby CEO Jessica Wiswall.
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